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Amprius Technologies (AMPX) pioneers silicon anode solutions for high-performance lithium-ion batteries powering next-generation aviation systems. This news hub provides investors and industry professionals with essential updates on technological breakthroughs, strategic partnerships, and operational developments.
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Discover official announcements regarding production scaling, research collaborations, and performance certifications. Stay informed about AMPX's progress in enhancing battery energy density and durability through proprietary silicon anode architectures.
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Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has announced the completion of its Offer to Exchange for outstanding private placement warrants. The offer, which expired on July 23, 2024, saw 98% of the warrants validly tendered, totaling 15,600,000 warrants. In exchange, Amprius will issue 3,073,200 shares of common stock on or about July 25, 2024.
The exchange offer was made under a Registration Statement on Form S-4, which the SEC declared effective on July 8, 2024. This move simplifies Amprius' capital structure by converting warrants into common stock, potentially reducing dilution risk for existing shareholders.
Amprius Technologies, a leading innovator in next-gen lithium-ion batteries, has announced strategic partnerships with several contract manufacturers to secure over 500 MWh of production capacity for its SiCore™ battery cells. This move is aimed at meeting the rising customer demand since the SiCore platform was launched in January. The partnerships will enable Amprius to rapidly scale production without major incremental costs, offering flexibility to adjust volumes based on market demand. The manufacturing agreements cover various cell chemistries and form factors, including 18650 and 21700 cylindrical cells. These partnerships also aim to ensure stringent quality control and timely delivery while mitigating risks from potential production delays or supply chain disruptions.
Amprius Technologies has announced the final results of its offer to exercise public and private warrants at a reduced price. The offer, which expired on July 11, 2024, allowed warrant holders to purchase shares of common stock at $1.10 per warrant, reduced from the original price of $11.50. A total of 13,075,664 warrants were exercised, generating approximately $14.4 million in gross proceeds for the company. Warrants not exercised remain at the original exercise price. This offer was part of the company's Tender Offer Statement filed with the SEC on May 13, 2024.
Amprius announced the final results of its Offer to Exercise, which allowed public and private warrant holders to purchase shares at a reduced price of $1.10 per warrant. The offer expired on June 11, 2024, and resulted in 13,075,664 warrants being exercised, raising approximately $14.4 million in gross proceeds for the company. Warrants that were not exercised remain at the original price of $11.50 per share. The offer details were filed with the SEC and can be accessed on their website.
Amprius Technologies (NYSE: AMPX), known for its next-gen lithium-ion batteries with a Silicon Anode Platform, has announced its June 2024 events schedule.
The company will first participate in the Defense Power and Energy Conference (DPEC) from June 4-6, 2024, at The Hyatt Regency St. Louis Arch in St. Louis, MO. Amprius will be exhibiting at Booth 212, with Director of Strategic Account Katie Maze available for one-on-one meetings.
Later in the month, Amprius will attend the ROTH London Conference from June 25-27, 2024, at the Four Seasons Hotel in London. CEO Dr. Kang Sun and CFO Sandra Wallach will meet with investors one-on-one. Interested parties can contact their ROTH representative to schedule a meeting.
Amprius Technologies, Inc. (NYSE: AMPX) has announced a temporary offer allowing public and private warrants to be exercised at a reduced price. The offer applies to holders of Offering Warrants, with an exercise price reduction from $11.50 to $1.10. This temporary offer is aimed at encouraging the cash exercise of the Offering Warrants to raise approximately $50 million in gross proceeds for working capital and development plans.
Amprius Technologies, Inc. (NYSE: AMPX) reported its first-quarter 2024 business and financial results, highlighting progress in lithium-ion batteries with Silicon Anode Platform. The company shared updates on product roadmap, manufacturing scale-up, and customer acquisition efforts. Amprius will discuss these results in a live conference call and webcast.
Amprius Technologies, Inc. (NYSE: AMPX) announced the integration of its SiMaxx™ safe cells into the U.S. Army's next-generation Wearable Battery pack, doubling the energy density of existing solutions. This advancement will extend mission time for soldiers, highlighting the innovation in wearable battery technology.
Amprius Technologies, a leader in lithium-ion batteries with its Silicon Anode Platform, announced its May 2024 events schedule. The schedule includes appearances at various conferences where company executives will meet with investors to discuss the future of electric mobility and battery technology.
Amprius hosted a Battery Forum in Taiwan to present its Silicon Anode Battery Technologies and partnership opportunities. Industry leaders learned about Amprius' breakthrough technology and future visions. The event featured Amprius' high energy density SiMaxx™ and SiCore™ battery cells. The Company aims to power the future of electric mobility by expanding its global presence and scaling manufacturing efforts in the U.S.